Nordic Aviation Capital Writes Down Value Of Its Aircraft Portfolio By Nearly A Third
Nordic Aviation Capital (NAC), which is currently in Chapter 11 bankruptcy protection, has disclosed to the US Bankruptcy Court that it has written down the value of its aircraft portfolio…
Nordic Aviation Capital’s Largest Creditors To Take Control Of Lessor Following Chapter 11 Bankruptcy
Nordic Aviation Capital’s (NAC) largest creditors are to take control of the heavily indebted aircraft lessor, dealing a blow to the existing shareholders: NAC founder Martin Møller Nielsen, Swedish investment…
Lessor Nordic Aviation Capital Files For Chapter 11 Bankruptcy
Nordic Aviation Capital, the world’s largest regional aircraft lessor, has filed for Chapter 11 bankruptcy in the US in an effort to restructure its debts. Documents filed with the US…